The US Treasury yield curve is flattening again, with parts finally in 2016 surpassing the bearishness exhibited to start 2015. The mainstream is just now starting to notice likely because unlike last...
A perfect rouge wave took this market up out-of-the-box Monday; and that of course ignored any fundamentals like poor Chinese or NY Empire State ‘reality check’ economic data. All it took ...
Last time I wrote, I pointed to May 19th as being a likely, important bottom in the precious metals complex. It is May 16th in the evening as I write this. If I’m correct, the next three days should...
We are presently engaged in an epic battle involving the gold price. So what is it all about? What is so epic? You should know that gold bottomed back in December and the precious metal (PM) stocks bo...
Our proprietary energy cycle indicator turned down this week from the divergence as noted previously. OIH (VanEck Vectors Oil Services ETF) is now on a sell signal. XLE (Energy Select Sector SPDR Fun...
Today I used Barchart to sort the S&P 500 Large Cap Index stocks to find stocks for momentum investors. First I sorted for the most frequent new highs in the last month then again for positive s...
Last week was all about the big department stores – Macy’s (M), Kohl’s (KSS) and Nordstrom’s (JWN) – and their sales failures. This week is all about a number of retailers who have been do...
2016 was the year when, in the aftermath of the Fed’s first tightening cycle in a decade, the yield curve was supposed to not only rise substantially but also steepen, providing a much needed NI...
Economists are projecting growth for the monthly comparisons in tomorrow’s April updates on residential housing construction and industrial output in the US. But while the consensus forecasts are ca...